P/E ratio for Steris (STE)

P/E ratio history for Steris from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Hill-Rom HRC	N/A	N/A	🇺🇸 USA
Stryker Corporation SYK	54.1	-67.78%	🇺🇸 USA
Thermo Fisher Scientific TMO	35.9	-78.60%	🇺🇸 USA
Owens & Minor OMI	-11.6	-106.91%	🇺🇸 USA
CONMED CNMD	35.8	-78.70%	🇺🇸 USA
3M MMM	-10.3	-106.15%	🇺🇸 USA
Ecolab ECL	54.6	-67.48%	🇺🇸 USA
Kimberly-Clark KMB	24.1	-85.68%	🇺🇸 USA
Johnson & Johnson JNJ	10.3	-93.87%	🇺🇸 USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.